This term, we will be simulating an entire accounting cycle for a service business. The project is broken up into five parts. In Part 1, you will read the scenario and then complete the Requirements listed on the attached “Project Accounting Cycle Simulation Part 1.” You will use the project templates provided for each part of the project. You may type directly into the templates, or you may print them out and fill them out by hand. If you choose to fill them out by hand, you will need to scan your pages, or take pictures of your work for submission of the final project. Each week, you will complete an audit assignment that will help ensure you are on the right track. If you do not perform well on the audit assignments, you need to check your work and make corrections. There are numerous resources available to help you succeed, please make use of them and do not wait until the last minute to start.
I have all templates needed